HHG Capital Corporation’s $57.5 Million Initial Public Offering

Ogier acted as BVI legal adviser to HHG Capital Corporation. Nelson Mullins Riley & Scarborough LLP acted for the joint book-running managers.

HHG Capital Corporation closed an initial public offering (IPO) of $57.5 million. 

The offering is 5 million units at an offering price of $10 per unit, with each unit consisting of one ordinary share, one redeemable warrant, and one right.

EF Hutton acted as joint book-running managers. 

HHG Capital Corporation is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger or other similar business combination with one or more businesses. The company is led by CEO Chee Shiong (Keith) Kok and Shuk Man (Lora) Chan, the company’s CFO, and is sponsored by renowned Singaporean Chinese entrepreneur Hooy Kok Wai.

EF Hutton, a division of Benchmark Investments, LLC, is a global, full-service, investment bank headquartered in New York, N.Y.

The Nelson Mullins’ team comprised of partner Andy Tucker (Picture) and associate Adam Marshall. 

The Ogier team in Hong Kong was led by managing associate Florence Chan with support from the firm’s global head of Corporate Nathan Powell and paralegal Jenson Ng.


Involved fees earner: Adam Marshall – Nelson Mullins Riley & Scarborough LLP; Andrew Tucker – Nelson Mullins Riley & Scarborough LLP; Florence Chan – Ogier LLP; Nathan Powell – Ogier LLP;

Law Firms: Nelson Mullins Riley & Scarborough LLP; Ogier LLP;

Clients: EF Hutton; HHG Capital Corporation;

Author: Sonia Carcano